Showing 1 - 10 of 29,661
disturbing factor of a generally stable real economy (Wicksell, Hayek, Schumpeter, Fisher, and the early Keynes). Thereafter … works of Keynes and the contributions of Minsky are of importance. Lastly, it is looked at the behavioural finance …
Persistent link: https://www.econbiz.de/10010242872
insights of Karl Marx on labor, as well as those of Hyman Minsky on finance. The best way to do this is within a longer …-like, nonmechanical view about long waves, where Minsky's financial Keynesianism is integrated with Marx's focus on capitalist relations … book on Keynes. …
Persistent link: https://www.econbiz.de/10010457216
) Marx's idea (and emphasized by Klein) of a two-class heterogeneity of the ownership structure of physical capital and human … capital in a capitalist society, (2) Keynes' idea of sticky wages, and (3) the existence of a competitive equilibrium with …
Persistent link: https://www.econbiz.de/10012743189
Marx's and Keynes's analyses of capitalism complement each other well. In a rather general model including the public …
Persistent link: https://www.econbiz.de/10011954059
This paper compares Marx's economics with those by Sraffa, Keynes, Kalecki and Minsky. The paper takes an "ex post … theory of prices and distribution is reviewed. Then the relationship between Marx's and Keynes's monetary theory is examined … attempt is made at studying in a systematic way, if and to what extent Sraffa, Keynes, Kalecki and Minsky were individually …
Persistent link: https://www.econbiz.de/10011994938
The paper analyses in light of Austrian and Keynesian economic theory the impact of conventional and unconventional monetary policies as therapies for financial crises. It compares the financial market stabilization measures of the Federal Reserve System and the European System of Central Banks...
Persistent link: https://www.econbiz.de/10012197673
line, as Palley suggests. Additionally, I highlighted the distinction between Keynes' economics and Keynesian economics …
Persistent link: https://www.econbiz.de/10014631926
incommensurabilities between Keynes' monetary production paradigm and the Marxian-Kaleckian social conflict paradigm. This suggests that … that this distinction aligns Keynes' economics with neoclassical (mainstream) economics, as the acceptance or rejection of …
Persistent link: https://www.econbiz.de/10014330958
Marx, Schumpeter, Wicksell, Hayek, Fisher, Keynes, Minsky, and Kindleberger. Subsequently the contributions of the …
Persistent link: https://www.econbiz.de/10010491508
independence of the average or normal interest rate from monetary policy. Following Keynes's suggestion regarding the monetary …
Persistent link: https://www.econbiz.de/10012891243